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THE DEFICIT

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By:
Facts
When: 14 Apr 15 04:11
Mc Moonbeam     13 Apr 15 22:57 
I'd love absolutely nobody to turn up to vote , maybe just a couple hundred kn0bs across the entire country

What power would the have then




The risk of this strategy is that the ' couple of hundred knobs'  all turn out yo be brain dead  UKIP zombies.

Then we would be fkd !


Politics should matter to all of us. It is important. It governs the way we live and the life we lead. To not vote , and then complain about government actions, is nonsensical.
By:
Facts
When: 14 Apr 15 04:16
Just Checking     13 Apr 15 23:07 
Apart from reducing their deficit.

You guys do realise that deficit means increasing debt, and debt even if it's not paid off requires interest to be pissed away by taxpayers just to service it?

And if debt gets unservicable a country is basically bankrupt?




Here's a thought. If everyone in the UK paid the correct amount  of tax, then maybe we wouldn't be in the mess we are in now !
By:
G1_Jockey_4
When: 14 Apr 15 09:39
ironically thats what we were moaning at greece about.

the country is a joke country.

having to pay housing benefits because rents and house prices have gone over (by a long way) a reasonable cost.
By:
Dr Crippen
When: 14 Apr 15 10:18
The UK will spend £35 billion on debt interest in 2015/16.

http://www.telegraph.co.uk/finance/budget/11479261/summary-and-highlights.html
By:
G1_Jockey_4
When: 14 Apr 15 10:53
higher wages.
more tax collected.
lowered housing benefits as a result.
more money in pocket so more collected from things like vat.

either that or they raise tax on company profits.......

now as the tories are dead set again that because it "scares" people away from investing here, the above is the only option.
By:
bongo
When: 14 Apr 15 11:28
The US finance department have announced their spending numbers in the last day:

". . bringing the year-to-date total receipts to $1419.8 billion. Outlays totalled $287 billion, up 14 per cent from last year, for a year-to-date total of $1859.3 billion.   
The fiscal year-to-date deficit at the end of March was $439.5 billion. 
March's budget results were affected by differences in the calendar. If adjusted for timing-related transactions, the budget deficit would have been higher . . "

I've been selective, as have gone for the worst part of the statement, but it means in the last 6 months the US govt has been spending just under $1.31 for every $1 collected. That's a dog track over-round. Way to go guys. Party on. I can't see any problems with this strategy in the long term. There's still plenty of flexibility in the budget and no risk of any city or states going under or the bills not being paid.

Seriously, whatever else you do, please do not lend money to the US or UK governments, it will only encourage them.
By:
Dr Crippen
When: 14 Apr 15 11:32
Wages aren't going to rise much, immigration will see to that.
They're not importing labour to force wages up.
Oversupply of labour is meant to keep wages down.
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